HOME LOANS Orange County CA,
Home Loans Rancho Santa Margarita | Home Loans Ladera Ranch | Home Loans Mission Viejo |
Home Loans San Clemente | Home Loans San Juan Capistrano | Home Loans Aliso Viejo | Home loans Dana Point | Home Loans Coto De Caza | Home Loans Dove Canyon | Home Loans Laguna Beach | Home Loans Lake Forest

BEST DESIGNER HOME LOANS ORANGE COUNTY. LOANS TO FIT YOUR LIFE!
Mortgage Refinance, Home Purchase Loans, Line of credit, Home Loans Orange County California Information Page: Designer Home Loan for Orange County, Mortgages, Home Mortgage, Refinance, Home Equity Loans, Low Interest Rates, Refinance Mortgage, Insurance, Mortgage Guides, Credit Rating, Wells Fargo, CitiBank, Downey Savings, CountyWide, PFF Bank & Trust, Wachovia
, Washington Mutual, National City Mortgage and many more. Newport Beach, Lake Forest, Anaheim Hills, Ladera Ranch - OUR SERVICE SETS US APART! We Specialize in Home Loans for Business Owners, Business Professionals, Executives and Seniors.

 

HOME LOANS

To Fit Your
Life Style
!

WE SPECIALIZE IN
Home LOANS FOR:


BUSINESS PROFESSIONALS,
BUSINESS OWNERS, EXECUTIVES AND SENIORS

 
 
     

CALL MYBLACKJACKET.COM TODAY! ---> (949) 481-9026
 
 
"A wise person will listen and continue to learn, and an understanding person will gain direction."
Home Loan Mortgage Basics
What Are My Mortgage Options?
Why Do You Need A Mortgage Broker?
Equity Didn't Go Up In Flames
Home Loans Bring Would-Be Homeowners Closer to Their Goal
Whether you are buying a home or refinancing, there are 3 basic types of home loans
Simple Tools for Home Loans - Frequently Asked Questions
Related to Orange County Home Loan Business Services
Loans & Financial Planning, Banks, Estate Planning
Taxes, Insurance, CPA and Accountants
Home Decorating, Home Organizing, Interior Decor, Interior Painting, House Cleaning, Carpet Cleaning
Handy Man, Contractor, Architect, Landscaper, Electrician, HVAC, Plumber, Roofer, Windows & Doors and More.
Home Inspections, Appraisers, Title Companies, Escrow, Realtors
Limousine Services
Wines & Champagne
 
Home Loans
Reverse Mortgages
Home Equity
...Savings
Home Equity
...Management
Guiding Your
...Journey to.
...Financial Freedom
Simple Loan Tools
Choosing the right loan
Finding the best mortgage
Checklist to get a loan
Adjustable rate mortgages
Is a home equity loan right for you?
10 reasons to buy a home
Your rights as a consumer
Reverse Mortgage
Negative Mortgage Amortization
Why should I check my credit report regularly?
Rates are rising – Is it Time for a Fix?
8 Critical Questions To Ask When Choosing A Lender
Making the Most of Your Mortgage
Reducing Debt with a New Home Loan
Financial Facts and Figures
Does the 2% Rule Still Rule?
How Cash Out Refinancing Can Pay Off In A Big Way
Anxiety-free home buying
Discount Points
 
Orange County Home Owner, Home Value and Home Loan Related Products & Services
Loans & Financial Planning, Banks, Estate Planning
Insurance, Taxes and CPA's
Handy Man, Contractor, Architect, Landscaper, Electrician, HVAC, Plumber, Roofer, Windows & Doors and More.
Home Decorating, Home Organizing, Interior Decor, Interior Painting, House Cleaning, Carpet Cleaning
Home Inspections, Appraisers, Title Companies, Escrow, Realtors
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Wines & Champagne
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Articles of Strategic Interest
How To Manage Your Investments In Turbulent Times -Dollar Cost Averaging
Personal Budget - A Sample Form for Your Use
How the Affluent Manage Their Mortgage
Roth IRA versus Traditional IRA, What should I do?
Get Rich With Good Habits
Managing Your Home Equity to Build Wealth
Save More, Rich or Poor, It Doesn't Matter
An IRA for Your Non Working Spouse
5 Mistakes To Avoid with your 401-K Plan
How a Roth IRA Can Make Your Children Wealthy
5 Best College Savings Plans
 
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"SPECIALIZING IN
Home Loans,
Reverse Mortgages,
Home Equity Savings, Home Equity Management for Executives,
Business Owners, and Business Professionals
."
 


Specializing in:
Home Loans for Executives,
Home Loans for Business Owners, and
Home Loans for Business Professionals

 

 

 
Definition of a Home Loan: a loan secured by the borrower's home.
Definition of a Reverse Mortgage: a mortgage in which a homeowner, usually 62 years or older, borrows money against the equity of the home without having to make any payments.
Definition of a Home Equity Management: repositioning home equity to create a new earning asset.
Definition of a Home Equity Savings: simply restructuring the payment schedule on your existing loan, so that you don't pay as much interest thereby significantly reducing the number of payments to be made.
Definition of a Home Equity Line of Credit: a revolving line of credit in which your home serves as collateral.
Definition of a Home Purchase Loan: a loan for purchasing a new or used home.

LINKS
HomeLoanOrangeCountyCA.com

MYBLACKJACKET.COM
HomeEquityManagementCA.com
HomeEquitySavingsCA.com
ReverseMortgagesLoansCA.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MYBLACKJACKET.COM is a mortgage loan guide to a network of home loan lenders for business professionals, executives and business owners – home equity loans, home equity line of credit, refinance mortgage, home loans, mortgage loans, home equity loan, personal, refinance mortgage, credit cards, lenders, leases, mortgage rates, credit score, lending tree, e-loan, Wells Fargo, Ditech

Guide to Financial Freedom
MYBLACKJACKET.COM serves California - Orange County, San Diego, Riverside, Los Angeles, San Beradino, Southern California areas and beyond which includes the following counties, cities and zipcodes: Tustin 92780, 92781, 92782, El Toro 92609, 92610, 92630. Anaheim 92801, 92802, 92803, 92804, 92805, 92806, 92807, 92808, 92809, 92812, 92814, 92815, 92816, 92817, 92825, 92850, 92899, Brea 92821, 92822, 92823, Buena Park 90620, 90621, 90622, 90623, 90624, Costa Mesa 92626, 92627, 92628, Cypress 90630, Fountain Valley 92708, 92728, Fullerton 92831, 92832, 92833, 92834, 92835, 92836, 92837, 92838, Garden Grove 92840, 92841, 92842, 92843, 92844, 92845, 92846, Huntington Beach 92605, 92615, 92646, 92647, 92648, 92649, La Habra 90631, 90632, 90633, La Palma 90623, Los Alamitos 90720, 90721, Orange 92856, 92857, 92859, 92861, 92862, 92863, 92864, 92865, 92866, 92867, 92868, 92869, Placentia 92870, 92871, Santa Ana 92701, 92702, 92703, 92704, 92705, 92706, 92707, 92708, 92711, 92712, 92725, 92728, 92735, 92799, Seal Beach 90740, Stanton 90680, Tustin 92780, 92781, 92782, Villa Park 92861, 92867, Westminister 92683, 92684, 92685, Yorba Linda 92885, 92886, 92887, Aliso Viejo 92653, 92656, 92698, Dana Point 92624, 92629, Irvine 92602, 92603, 92604, 92606, 92612, 92614, 92616, 92618, 92619, 92620, 92623, 92650, 92697, 92709, 92710, Laguna Beach 92607, 92637, 92651, 92652, 92653, 92654, 92656, 92677, 92698, Laguna Hills 92637, 92653, 92654, 92656, Laguna Niguel 92607, 92677, Laguna Woods 92653, 92654, Lake Forest 92609, 92630, Mission Viejo 92675, 92690, 92691, 92692, 92694, Newport Beach 92657, 92658, 92659, 92660, 92661, 92662, 92663, Rancho Santa Margarita 92688, San Clemente 92672, 92673, 92674, San Juan Capistrano 92675, 92690, 92691, 92692, 92693, 92694 Ladera Ranch 92694, Coto De Caza 92679 Anaheim Hills 92807, 92808, 92809, 92817 Dove Canyon 92679, South Laguna 92651, Newport Coast 92657, Cowan Heights 92705, Oceanside, 92049, 92051, 92052, 92054, 92055, 92056, 92057, 92058, La Jolla, 92037, 92038, 92039, 92092, 92093, Carlsbad 92008, 92009, 92013, 92018, Vista 92083, 92084, 92085, Escondido 92025, 92026, 92027, 92029, 92030, 92033, 92046, San Diego, 92101, 92102, 92103, 92104, 92105, 92106, 92107, 92108, 92109, 92110, 92111, 92112, 92113, 92114, 92115, 92116, 92117, 92118, 92119, 92120, 92121, 92122, 92123, 92124, 92126, 92127, 92128, 92129, 92130, 92131, 92132, 92133, 92134, 92135, 92136, 92137, 92138, 92139, 92140, 92142, 92143, 92145, 92147, 92149, 92150, 92152, 92153, 92154, 92155, 92158, 92159, 92160, 92161, 92162, 92163, 92164, 92165, 92166, 92167, 92168, 92169, 92170, 92171, 92172, 92173, 92174, 92175, 92176, 92177, 92178, 92179, 92182, 92184, 92186, 92187, 92190, 92191, 92192, 92193, 92194, 92195, 92196, 92197, 92198, 92199, Trabuco Canyon 92678, 92679, 92688, Robinson Ranch 92679, Diamond Bar 91765, Rowland Heights 91748, Hacienda Heights 91745, La Habra Heights 90631, Corona 92877, 92878, 92879, 92880, 92881, 92882, 92883, Riverside 92501, 92502, 92503, 92504, 92505, 92506, 92507, 92508, 92509, 92513, 92514, 92515, 92516, 92517, 92518, 92519, 92521, 92522, Fontana 92334, 92335, 92336, 92337, San Bernardino 92401, 92402, 92403, 92404, 92405, 92406, 92407, 92408, 92410, 92411, 92412, 92413, 92414, 92415, 92418, 92420, 92423, 92424, 92427, Los Angeles 90001, 90002, 90003, 90004, 90005, 90006, 90007, 90008, 90009, 90010, 90011, 90012, 90013, 90014, 90015, 90016, 90017, 90018, 90019, 90020, 90021, 90022, 90023, 90024, 90025, 90026, 90027, 90028, 90029, 90030, 90031, 90032, 90033, 90034, 90035, 90036, 90037, 90038, 90039, 90040, 90041, 90042, 90043, 90044, 90045, 90046, 90047, 90048, 90049, 90050, 90051, 90052, 90053, 90054, 90055, 90056, 90057, 90058, 90059, 90060, 90061, 90062, 90063, 90064, 90065, 90066, 90067, 90068, 90069, 90070, 90071, 90072, 90073, 90074, 90075, 90076, 90077, 90078, 90079, 90080, 90081, 90082, 90083, 90084, 90086, 90087, 90088, 90089, 90091, 90093, 90094, 90095, 90096, 90097, 90099, 90101, 90102, 90103, 90174, 90185, 90189, 91331, 91335, La Mirada 90637, 90638, 90639, Santa Monica, 90401, 90402, 90403, 90404, 90405, 90406, 90407, 90408, 90409, 90410, 90411, Beverly Hills 90209, 90210, 90211, 90212, 90213, Glendale 91201, 91202, 91203, 91204, 91205, 91206, 91207, 91208, 91209, 91210, 91214, 91221, 91222, 91224, 91225, 91226, Pasadena 91050, 91051, 91101, 91102, 91103, 91104, 91105, 91106, 91107, 91108, 91109, 91110, 91114, 91115, 91116, 91117, 91118, 91121, 91123, 91124, 91125, 91126, 91129, 91131, 91175, 91182, 91184, 91185, 91186, 91187, 91188, 91189, 91191, Burbank 91501, 91502, 91503, 91504, 91505, 91506, 91507, 91508, 91510, 91521, 91522, 91523, 91526, Long Beach 91501, 91502, 91503, 91504, 91505, 91506, 91507, 91508, 91510, 91521, 91522, 91523, 91526 Alpine Bonita Boulevard Campo Chula Vista Descanso Dulzura Guatay Imperial Beach Jacumba Jamul La Mesa Lemon Grove Lincoln Acres Mount Laguna National City Pine Valley Potrero Spring Valley Tecate Bonsall Borrego Springs Cardiff by the Sea Carlsbad Del Mar El Cajon Encinitas Escondido Fallbrook Julian La Jolla Lakeside Oceanside Camp Pendleton Pala Palomar Mountain Pauma Valley Poway Ramona Ranchita Rancho Santa Fe San Luis Rey San Marcos Santa Ysabel Santee Solana Beach Vista Valley Center Warner Springs San Diego Coronado San Ysidro, Buena Park La Palma Cypress La Habra Stanton Los Alamitos Seal Beach Sunset Beach Surfside Irvine Huntington Beach Laguna Niguel El Toro Foothill Ranch Capistrano Beach Corona del Mar Costa Mesa Dana Point Lake Forest Laguna Woods East Irvine Laguna Beach Laguna Hills Midway City Aliso Viejo Newport Coast Newport Beach San Clemente San Juan Capistrano Silverado Trabuco Canyon Westminster Rancho Santa Margarita Mission Viejo Ladera Ranch Santa Ana Fountain Valley Tustin Anaheim Atwood Brea Fullerton Garden Grove Orange Villa Park Placentia Yorba LindaAptos Ben Lomond Boulder Creek Brookdale Capitola Davenport Felton Freedom Los Gatos Mount Hermon Santa Cruz Scotts Valley Soquel WatsonvilleRancho Cucamonga Chino Chino Hills Guasti Ontario Montclair Upland Earp Joshua Tree Morongo Valley Parker Dam Pioneertown Twentynine Palms Vidal Yucca Valley Landers Adelanto Amboy Angelus Oaks Apple Valley Baker Fort Irwin Barstow Grand 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Bellflower Harbor City Lakewood Hawaiian Gardens Lomita Paramount San Pedro Wilmington Carson Signal Hill Long Beach Altadena Arcadia Duarte La Canada Flintridge Monrovia Montrose Mount Wilson Sierra Madre South Pasadena Sunland Tujunga Verdugo City Pasadena San Marino Glendale La Crescenta Agoura Hills Calabasas Canoga Park Winnetka West Hills Castaic Chatsworth Encino Newhall Northridge Pacoima Reseda San Fernando Sylmar North Hills Granada Hills Mission Hills Santa Clarita Canyon Country Sun Valley Valencia Tarzana Westlake Village Woodland Hills Stevenson Ranch Van Nuys Panorama City Sherman Oaks Burbank North Hollywood Studio City Valley Village Universal City Toluca Lake Azusa Baldwin Park Claremont City of Industry Covina El Monte South El Monte Glendora La Puente Hacienda Heights Rowland Heights La Verne Monterey Park Mount Baldy Diamond Bar Pomona Rosemead San Dimas San Gabriel Temple City Walnut West Covina Alhambra Acton Lake Hughes Lancaster Littlerock Llano Palmdale Pearblossom Valyermo ORANGE COUNTY CALIFORNIA, SAN DIEGO COUNTY CALIFORNIA, SAN FRANCISCO COUNTY CALIFORNIA, RIVERSIDE COUNTY CALIFORNIA, SACRAMENTO COUNTY CALIFORNIA, SAN BERADINO COUNTY CALIFORNIA, LOS ANGELES COUNTY CALIFORNIA, VENTURA COUNTY CALIFORNIA, SANTA BARBARA COUNTY CALIFORNIA, SAN LOUIS OBISBO COUNTY CALIFORNIA, KERN COUNTY CALIFORNIA, IMPERIAL COUNTY CALIFORNIA, SANTA CRUZ COUNTY CALIFORNIA, MONTEREY COUNTY CALIFORNIA, SANTA CLARA COUNTY CALIFORNIA, SANOMA COUNTY CALIFORNIA, NAPA COUNTY CALIFORNIA, SAN MATEO COUNTY CALIFORNIA., MARIN COUNTY CALIFORNIA, ALAMEDA COUNTY CALIFORNIA, SAN JAUQUIN COUNTY CALIFORNIA

MYBLACK JACKET SPECIALIZES IN HOME LOANS FOR A: Chief Executive Officer (CEO), Chairman of the Board, President,Chief Operating Officer (COO), Executive Vice President, Vice Chairman, director, Director Emeritus * Chief Accounting Officer * Chief Acquisition Officer * Chief Administrative Officer * Chief Analytics Officer * Chief Software Architect * Chief Benefits Officer * Chief Business Development Officer * Chief Communications Officer * Chief Compliance Officer * Chief Creative Officer * Chief Credit Officer * Chief Data Officer * Chief Diversity Officer * Chief Engineering Officer * Chief Executive Officer * Chief Financial Officer * Chief Global Strategist * Chief Governance Officer * Chief Human Resources Officer * Chief Information Officer * Chief Information Security Officer * Chief Intellectual Property Officer * Chief Knowledge Officer * Chief Learning Officer * Chief Legal Officer * Chief Marketing Officer * Chief Medical Officer * Chief Networking Officer * Chief Operating Officer * Chief Performance Officer * Chief Privacy Officer * Chief Quality Officer * Chief Process Officer * Chief Risk Officer * Chief Sales Officer * Chief Security Officer * Chief Science Officer * Chief Strategy Officer * Chief Technical Officer * Chief Visionary Officer * Chief Web Officer * Chairman of the Board * Director/Member of the Board * Vice Chairman of the Board * Company Secretary * President * Treasurer * Vice President o Executive Vice President o Senior Vice President o Junior Vice President * General manager * Manager * Owner * Partner # Corporate governance # Businessperson # Agency cost # Chair (official) # Executive director # Non-executive director # Board of directors # Managing director, Account Manager, Marketing Executive, Lawyer, Attorney, Dentist, Surgeon, Medical Doctor, Doctors, Marketing Manager, Marketing Director, Designer, Engineer, Senior Marketing Manager, Account Director, Architect, Business Development Manager, Public Relations Manager, IT Manager, Real Estate Investor, Sales Manager, Construction, Ship Building, Biotech, Industrial, Medical, Computer, Electronics, Robotics, Accounting, Research, Quality Control, Food Industry, CPA, Market Research and many more.

Some of our competitors are NOT: Wells Fargo, E-Loan, Lending Tree, DiTech, Bank of America, Citibank, Countrywide, Quicken Loans, National Mortgage, CountryWide Finanacial, Get Smart, Capital One, Gmac Mortgage, Home Financing of America, Mortgage Rates Experts, Real Estate Yahoo Loans, DiTech Mortgage Company, BD Nationwide Mortgage, Chase Home Equity Loans, First Interstate Bank Loans, Ace Mortgage Funding, Loan Busters, Mortgage Lenders Plus, Calibex, Modernlend, My Lender Store, Nextag Mortgages, Countrywide Bank, FSB and Countrywide Home Loans, Inc. are Equal Housing Lenders. Countrywide Financial Corp. Countrywide Home Loans, Inc., 4500 Park Granada, Calabasas, CA 91302: Licensed by the Department of Corporations under the California Residential Mortgage Lending Act

DESIGNER HOME LOANS in Orange County

MyBLACKJACKET.COM is a designer of home loans located in Orange County California. We speicalize in South Orange County in the cities of Rancho Santa Margarita, Ladera Ranch, Mission Viejo, San Juan Capistrano, Lake Forest, Coto De Caza, Dove Canyon, El Toro, Portola Hills, Foothill Ranch, Laguna Beach, Aliso Viejo, Laguna Hills, Laguna Niguel, Laguna Woods, Dana Point, and San Clemente. We have locations in Anaheim Hills, Newport Beach, Lake Forest and Ladera Ranch.
We create and design home loans that fit your life style!
Some of our best customers are business professionals, business owners, executives and seniors because their loans needs are complex. This is why home loan design is such an incredible tool in your financial portfolio. It can become a guide to financial freedom. For more information about designer home loans call us today at (949) 481-9026.

Our primary goal with this page is to provide you with some of the information needed to make an informed decision about the financing of your home. We work specifically with Business Professionals, Business Ownersm, Executives and Seniors to find them the home loan that works for their home and optimizes their cash flow, retirement, tax and other financial strategies. We specialize in home loans, home equity loans, debt consolidation, mortgage refinance, new home purchase loans, equity lines of credit for business owners, business professionals, executives and seniors.

There are dozens of loan types and hundreds of loan programs available through thousands of mortgage brokers, bankers, lenders, finance companies, credit unions, even stock brokerage firms. Contrary to popular belief, finding a mortgage doesn't begin with an application. Education is a better first choice.

First and foremost, you must determine how your mortgage payment will fit your current budget and, to some extent, your future obligations 15 to 30 years down the road. If you discover too late that you can't afford your mortgage, you'll not only face the possibility of losing the roof over your head, but you could also damage your ability to purchase a home later.

If you can afford to buy a home, you must then determine how much mortgage you can afford. Lenders are apt to put your loan application in the best light and qualify you for as much as they are willing to lend, which can be more than you can afford. It's up to you to take stock of your income and expenses, both current and projected, to determine what you can comfortably manage each month. Along with your mortgage payment, don't forget related insurance, taxes, homeowner association dues and any other costs rolled into the mortgage payment. If our way of doing business makes sense to you, call us at (949) 481-9026 Today!

Home Loan Mortgage Basics
Likely the largest debt you'll ever take on, a mortgage is a loan to finance the purchase of your home, or to refinance it.

Your home is collateral for your mortgage loan, which is also a legal contract you sign to promise that you'll pay the debt, with interest and other costs, typically over 15 to 30 years.

If you don't pay the debt, the lender has the right to take back the property and sell it to cover the debt. To repay the debt, you make monthly installments or payments that typically include the principal, interest, taxes and insurance, together known as PIT or refinance.

Principal -- The principal is simply the sum of money you borrowed to buy your home.

Interest -- Usually expressed as a percentage called the interest rate, interest is what the lender charges you to use the money you borrowed.

The lender can also charge you points, and additional loan costs. Each point is one percent of the financed amount and is financed along with the principal. Principal and interest comprise the bulk of your monthly payments, which reduces your debt over a fixed period of time. With an Amortizing loan your monthly payments are largely interest during the early years.

In addition to your principal and interest, your mortgage payment can include money that's deposited in an escrow or trust account to pay certain taxes and insurance.

Generally, if your down payment is less than 20 percent, your lender considers your loan riskier than those with larger down payments. To offset that risk, the lender may charge a higher interest rate or have you pay more mortgage insurance.

Taxes -- The taxes are property taxes your community levies based on a percentage of the value of your home. The tax is generally used to help finance the cost of running your community, say to build schools, roads, infrastructure and other needs. You must pay property taxes even if you don't need an escrow account and even after your mortgage is paid off.

What Are My Mortgage Options?
The two most common types of mortgages are fixed-rate mortgages and adjustable-rate mortgages, known as ARMs.

A fixed-rated mortgage comes with an interest rate that remains the same for the life of the loan.

The life or term of a mortgage is 30 years by industry standards, but 20 and 40-year term loans are also available.

Shorter term loans come with cheaper interest rates. A 15-year mortgage's interest rate is typically one-quarter to one-half percent lower than a 30-year mortgage. Both the cheaper rate and the shorter term mean you'll also pay less over the life of the loan than you would if you borrowed the same amount of money with a long term loan.

Monthly payments of a shorter term loan, however, are generally higher than the same loan for a long term because the larger payments of

the short term loan are necessary to repay the debt sooner.

A long term loan with smaller monthly payments can be easier to budget, but if you have a stable salary that allows you to afford the larger monthly outlay, the shorter term loan could be to your advantage.

Whatever term you choose, fixed rate mortgages protect you from the risk of rising interest rates. Of course, since you are locked in to a given rate, you could end up with a rate higher than the going rate should rates fall.

The second major category of mortgages are Arms They come with interest rates that adjust up or down, depending upon current economic trends.

An ARM's rate is based on a money market index. The one-year U.S. Treasury bill is commonly used because its yield is similar to the 30-year US Treasury bill used to set rates on 30-year fixed mortgages. Arms might also be tied to other indexes, including certificates of deposit (CDs) or the London Inter-Bank Offer Rate (LIBOR) rates, among other regularly published indexes.

To come up with the ARM rate, the lender will add a "margin," usually two to four percentage points, to the index.

Initially, the ARM rate is lower than the fixed rate, from about a quarter point to two points or more, depending upon the economy. When the first adjustment occurs (from six months to many years) and how often the rate adjusts, depends upon the terms of the loan. After the first adjustment occurs, subsequent adjustments can occur every six months, once a year, or during larger periods. The adjustment period is disclosed in the loan.

Arm's generally have limits or "caps" on how high it can adjust during each adjustment period as well as over the life of the loan.

The caps protect you from drastic market changes, but ARMS don't offer the stability of a fixed rate loan.

Arms lower initial rate, however, can help you qualify for a larger loan or start you off with smaller payments than you'd have to pay for the same mortgage with a higher fixed rate. And if index rates fall with an ARM, of course, so does your monthly mortgage.

Arms could also be a good choice for someone who knows his or her income will rise and at least keep pace with the loan rate's periodic adjustment cap. If you plan to move in a few years and are not concerned about the possibility of a higher rate, an ARM also could be a good choice.

Why Do You Need a Mortgage Broker?

In today's volatile market for home loans, a mortgage broker is your guide to the lender that fits your specific needs. As underwriting standards change, loan programs change and with each lender having a unique personality on how they make loans, your mortgage broker is the one that matches your needs with the most appropriate lender. By calling a lender directly, they are trained to sell you their products. Since mortgage brokers are the wholesale distributors for many lenders our job is not to sell a specific lender's product but to find a lender that meets your needs. A Wells Fargo loan officer will not introduce you to a Chase Home Loan product if that is a better fit for you because they don't work for Chase. Brokers are the wholesale distributors of money who work for the borrower not the lender. Because mortgage brokers get their money on a wholesale basis it's not going to cost you more than going directly and in fact you may save thousands of dollars over the life of your loan because you're in a more appropriate loan. Because Mortgage Brokers are independently owned businesses, your repeat business is their primary goal. Satisfied clients are the goal of your professional mortgage consultant, it's their business to do the right thing.

MYBLACKJACKET.COM through its affiliate, First Equitable Financial is a wholesale distributor for the top mortgage lenders in the country: Countrywide, Wells Fargo, Wamu and National City Mortgage. With regional lenders such as Downey , PFF Bank & Trust, PaulFinancial & B.F. Saul (Chevy Chase Bank) we have a terrific portfolio of well established lenders for our clients. In addition, there are boutique lenders we are approved with that aren't household names that might have a niche product that will benefit our clients. Having a presence for over 25 years allows us to be approved with them and also to get approved with the boutique lenders when there is a need.

Please find below just a few of the lenders we broker and their local locations:

National City Mortgage
17581 Irvine Blvd., Suite 206 Tustin, CA 92780

Washington Mutual
17877 Von Karman Ave., Suite 100 Irvine, CA 92614

Washington Mutual
25692 Crown Valley Parkway
Ladera Ranch,
CA 92694

Wachovia (formerly World Savings)
6280 Manchester Blvd. Buena Park, CA 90621
Wells Fargo 4 Executive Circle, Suite 250 Irvine, CA 92617 Downey Savings
27529 Puerta Real Mission Viejo, CA 92691
Downey Savings
26901 Aliso Creek Road Aliso Viejo, CA 92656
Downey Savings
3200 Bristol Street Costa Mesa, CA 92626
Downey Savings
33621 Del Obispo Street, Suite A Dana Point, CA 92629
Downey Savings
13070 Yale Avenue Irvine, CA 92620
Downey Savings
24340 El Toro Road Laguna Hills, CA 92677
Downey Savings
25972 Muirlands Blvd. Mission Viejo, CA 92691
Chase
28202 Cabot Road, Suite 610 Laguna Niguel, CA 92677
Chase
721 E. Imperial Highway Brea, CA 92821
Chase
3111 North Tustin Avenue, Suite 100 Orange, CA 92875
PFF Bank & Trust 9467 Milliken Avenue Rancho Cucamonga, CA 91730

PFF Bank & Trust
17851 17th Street Tustin, CA 92780

PFF Bank & Trust
19750 Yorba Linda Blvd. Yorba Linda, CA 92886
Interbay Funding
1301 Virginia Drive, Suite 403 Fort Washington, PA 19034
P.F.Saul,
a division of Chevy Chase Bank
Countrywide Mortgage http://my.
countrywide.com/
Downey Savings
21781 Lake Forest Drive Lake Forest, CA 92630
Chase
4400 MacArthur Blvd., Suite 950 Newport Beach, CA 92660
Loan Link
26800 Aliso Viejo Parkway, Suite 100 Aliso Viejo, CA 92656
CALL MYBLACKJACKET.COM TODAY! ---> (949) 481-9026



PRESS RELEASE October 29, 2007

EQUITY DIDN'T GO UP IN FLAMES!

This last week we suffered some devastating loses in Southern California because of the wildfires. Just think if you had an 86 year-old loved one, retired, living alone, in bad health whose sole asset was his home and he was told to evacuate to a nursing home for his safety.

Also imagine that in order to enjoy what years he had left to live, that his home was his only asset, what a terrible tragedy it would be if he lost his home to fire or the ability to tap his equity for an emergency loan.

This was the scenario that happened last week to one of our senior clients in Vista, California. Because we had just completed the process of obtaining a Reverse Mortgage for this client and it had funded on Tuesday, October 23rd, this client had the bulk of his equity in the form of cash in the bank instead of tied up in his home. With medical bills to be paid, caregivers to be paid, how fortunate we were to have planned this financial transaction ahead of an emergency.

It is extremely difficult on our seniors when they don't have any living children or a spouse to help them with these kinds of decisions, but together with his caregivers, we were able to put together a plan months ago to convert his equity into cash for medical care expenses and emergencies. When we started this process, a fire was the furthest thing on our mind, but his financial well being had to be managed just in case some extraordinary event did happen and it did.

He didn't loose his home to the fire, he was able to return home from the nursing home but now he has the financial security he deserves after years of hard work. We at MyBlackJacket.com are proud that the trust was there to let us help him through this potential tragedy. Right now, lenders are not funding loans until they can verify that their Collateral is still there, but this client needed funds for his current health care needs and can't afford to have his finances tied up because of a fire.

MyBLACKJACKET.COM based in Orange County and owner, Ernie Casarez of Ladera Ranch are in the business of helping clients diversify their finances, including their home equity to make sure there is a safety net for emergencies.



Home Loans Bring Would-be Homeowners Closer to their Goal

( Forbes.com quick notes on Home Loans )

If you’re looking to buy a house, it’s unlikely that, in today’s economy, you’ll be able to pay in full up front. That’s why home loans exist – to aid aspiring homeowners in acquiring and financing the homes they’ve dreamed of – without bankrupting them in the process. Home loans can be acquired through banks and home loan companies. Either route you take, you’re entitled to personal service by a representative who will review your finances, credit report, and help you decide which is the best home loan solution for your needs. In order to gather all the information they need, the bank or loan company will re-appraise the market value of your house to determine the proper loan amount. You will then work together to go over the different loan options available and determine which is best for your personal situation.

Different Home Loans for Different Folks

There are two main types of home loans, each with its own advantages. Fixed-rate loans divide the amount to be repaid over a set number of years. “Fixed rate” means that no matter how the interest rate fluctuates over the years, the amount of payment will remain the same. If the interest rate dips, your mortgage consultant will help you refinance to take advantage of the lower rate. In contrast, adjustable rate mortgages (Arms) are dependent on the fluctuation of the interest rate over time. When the rate is low, payments are low, but when interest rates are high, the payment increases also. Arms are slightly easier to qualify for than fixed-rate loans, but they also carry more risks.

When you are choosing a home loans company, take into consideration the additional “home loan origination fee” (usually 1% of the total amount borrow, so if you borrow $100,000, the fee is $100), as well as closing, settlement and appraisal fees. Most companies will allow you to “roll” these fees into your home loan, an excellent option that allows you to pay them over time if you don’t have the funds to pay up front. When you’re ready to move forward with a home loan, or if you’d just like to start exploring your options, call MYBLACKJACKET.COM at (949) 481-9026 to help you design your own loan and explain which home loans might be best for you.



(From: Credit Demystified )
Whether you are buying a home or refinancing, there are 3 basic types of home loans, they are:

  • Fixed Rate Mortgages
  • Adjustable Rate Mortgages
  • Combination Rate Mortgages

Each has different reasons why you might choose them, read on for more information about home loans.

Fixed Rate Mortgage

Fixed rate mortgages usually have terms lasting 15 or 30 years. Throughout those years, the interest rate and monthly payments remain the same. Fixed rate mortgages typically have interest rates that are initially higher than adjustable rate loans. The higher rate means you’ll make higher monthly payments. It may also mean you will need to make a bigger down payment in order to be approved for a fixed rate loan.

Fixed Rate Mortgage Mysteries Revealed

Fixed rate mortgages usually have terms lasting 15 or 30 years. Throughout those years, the interest rate and monthly payments remain the same. Fixed rate mortgages typically have interest rates that are initially higher than adjustable rate loans. The higher rate means you’ll make higher monthly payments. It may also mean you will need to make a bigger down payment in order to be approved for a fixed rate loan.

Experts say that if you plan to live in your home for more than 5 years, a fixed rate loan is a very good idea. They reason that if interest rates rise, the monthly payment on a fixed rate loan becomes lower than the payment on an adjustable rate loan.

But what if interest rates are lower in a few years? Like any mortgage, you may be able to refinance your fixed rate loan during times when interest rates drop. Be aware, however, your ability to refinance does depend on:

  • The amount of equity you have in your home
  • The property’s market value
  • Your finances at the time

Reasons to Consider a Fixed Rate Mortgage:

  1. If you plan to live in the home more than 5 years
  2. If you like the stability of a fixed principal/interest payment
  3. If you don’t want to run the risk of future monthly payment increases
  4. If you think your income and spending will stay the same

Adjustable Rate Mortgage

Adjustable Rate Mortgages (often called Arms) typically last for 15 or 30 years. But during those years, the interest rate on the loan may go up or down. Monthly payments can therefore increase or decrease.

Adjustable Rate Mortgages Defined

Adjustable Rate Mortgages (often called Arms) typically last for 15 or 30 years. But during those years, the interest rate on the loan may go up or down. Monthly payments can therefore increase or decrease.

With an ARM comes several benefits that make your mortgage more affordable. The initial interest rate on these loans is typically lower than a fixed rate mortgage. That means monthly payments are also lower.

The lower monthly payments make it easier to get approved for an ARM. And, typically you can borrower higher amounts. This may be good news if you are:

  • Buying a home for the first time
  • Moving up to a more expensive home
  • Refinancing
  • Looking for a way to consolidate debt
  • Planning on making an investment for which you need cash now

However, the lower rates and lower payments can change. Each ARM includes an agreement that says your lender can adjust the rate at a specific time. This is called an adjustment period. Adjustment periods for ARM loans can range from 1 month to several years.

How much change should you expect? As interest rates in the general economy change, your ARM rate changes, too. To determine the amount of change, lenders base your new rate on an interest rate index which is published and not controlled by the lender, plus a small margin.

Periodic interest rate changes are great news if interest rates go down. But what if interest rates rise — or rise a lot? The majority of Arms have rate caps for your protection. Arms without a cap are not a good idea. If your lender offers no rate cap, look for another lender.

Reasons to Consider an Adjustable Rate Mortgage:

  1. Plan to stay in your home less than 5 years
  2. Don’t mind having your monthly payment periodically change (up or down)
  3. Comfortable with the risk of possible payment increases in future
  4. Think your income will probably increase in the future

Combination Rate Mortgage

Combination rate mortgages combine fixed interest rates and adjustable interest rates. Lenders often refer to these loans as hybrid loans. For the first several years, the interest rate is fixed. It remains the same and so does your monthly payment. During the remaining years of the loan, your interest rate becomes adjustable and can vary.

Combination Rate Mortgages Explained

Combination rate mortgages combine fixed interest rates and adjustable interest rates. Lenders often refer to these loans as hybrid loans. For the first several years, the interest rate is fixed. It remains the same and so does your monthly payment. During the remaining years of the loan, your interest rate becomes adjustable and can vary.

During the first several years, combination rate loans typically have lower interest rates than fixed rate loans. Monthly payments are lower and you may be approved to borrow higher amounts.

You can also use combination rate loans to refinance a home and consolidate debt. Using the cash that may be available, you can pay off your bills. Then, all your debt is in the form of a home loan. You make one payment each month instead of a dozen. And your total monthly payment is lowered.

Reasons to Consider a Combination Rate Mortgage:

  1. If you want the stability of a fixed principal/interest payment in the short term
  2. To help repair your credit by demonstrating your ability to make regular payments, then refinance for a lower interest rate
  3. If you have a lot of consumer debt (these loans typically allow more)
  4. When you want to borrow more and get a lower monthly payment than a standard fixed rate loan

Still confused about the mysteries of home loans? We are here to help. Just pick up the phone right now and call MYBLACKJACKET.COM at (949) 481-9026. We are a free and instant source of information regarding the complexities of home loans. And don’t worry, there’s absolutely no commitment needed. Call now!



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From Home Loans at BlackJacket.com
Frequently Asked Questions
  1 - Choose the right loan
  2 - Finding the best mortgage
  3 - Checklist to get a loan
  4 - Adjustable rate mortgages
  5 - Is a home equity loan right for you?
  6 - 10 reasons to buy a home
  7 - Your rights as a consumer
  8 - Reverse Mortgage
  9 - Negative Mortgage Amortization
  10 - Why should I check my credit report regularly?
  11 - Rates are rising – Is it Time for a Fix?
  12 - 8 Critical Questions To Ask When Choosing A Lender
  13 - Making the Most of Your Mortgage
  14 - Reducing Debt with a New Home Loan
  15 - Financial Facts and Figures
  16 - Does the 2% Rule Still Rule?
  17 - How Cash Out Refinancing Can Pay Off In A Big Way
  18 - Anxiety-free home buying
  19 - Discount Points


Choose the right loan

1.    First, decide between a fixed rate and a variable rate. Variable rate loans generally have a low initial rate, which will remain fixed for a period of time and then change periodically.

For example, a 5/1 ARM will have a fixed rate for the first 5 years of the loan, and then the rate will change every year thereafter. A fixed rate loan will have the same rate - and payment - throughout the life of the loan.

Variable rate loans are a good choice if you are not planning on living in the home for a long time, or if interest rates are currently high. A fixed rate loan is a good choice if you plan on living in the home a long time, or if interest rates are
currently low.

2.    Decide how much you want to put down The more money you have for a down payment, the lower your monthly payment and loan balance will be. Many lenders will require that you put down a minimum of 3% as a down payment, although there are loan programs that will allow for smaller down payments, under special circumstances.

If you are able to afford 20% of the purchase price for a down payment, you will generally avoid paying private mortgage insurance (PMI). This insurance will raise your monthly payment and is not considered tax deductible. With a 20% down payment, you may also qualify for a lower interest rate. Be sure to ask your lender if your rate can be reduced with a larger down payment. 3.    Understand the fees The only way to get a complete picture of the mortgage fees is through the Good Faith Estimate (GFE). Be sure to ask your lender for a GFE before you commit to a loan. This document will list all the expected fees and pre-paid expenses you will need to pay at or before closing.

Comparing fees and interest rates to make the best decision is often difficult, but there is one piece of information that makes the process easier. The Annual Percentage Rate, or APR, combines all the fees and interest expenses over the life of the loan into one number. Generally, a loan with a smaller APR is the better loan, though the APR for a variable rate mortgage may not always represent the likely future cost of the loan. 4.    Pick your points Most lenders will allow you to pay extra points in order to decrease the interest rate on your loan. Generally, a point is equal to 1% of your loan balance, or $1,000 for a $100,000 loan.

When you are thinking about paying points, you need to consider how long you plan to live in the home. If paying 1 point or $1,000 reduces your monthly payment from $675 per month to $625 per month, you will need to stay in your home for 20 months to earn back that $1,000 you've paid up front. 5.    Lock your rate The interest rate is not yours until you've locked your rate. Mortgage rates change every day, sometimes more than once, and until your lender has locked the rate on your loan your interest rate will change too.

Deciding when to lock can be tricky. If you are happy with the current rate, then you should probably lock it in. That will protect you in case interest rates rise. If you want the rate to be lower, you can hold off, but your rate might go up as well as go down while you wait.

When you do lock, make sure to get a written confirmation from your lender that the rate is locked. This confirmation should contain the rate and expiration date of the lock. This will ensure there are no misunderstandings about the details of the loan at a later date.

Finding the best mortgage

There are dozens of mortgage products available. Here's help in picking the one that's right for you.

Home buyers can choose from many different types of mortgages. The basic models are fixed rate mortgages and adjustable rate mortgages or Arms More choice is created when lenders vary the term of the loan, change the way the principal amount you owe is paid off or amortized, or add features such as a conversion option or prepayment privilege. In addition to the traditional 30-year fixed rate mortgage, there are dozens of mortgage loan products available, from adjustable rate mortgages to interest-only and negative amortization loans.

  • The factors you should take into account when choosing your mortgage include:
      - what you can afford to pay each month based on your current income.
      - whether you expect your income to rise, fall or stay the same over time.
      - whether you plan to stay in the house long-term or move in a few years.
      - your tolerance for risk.
      - whether you expect interest rates to rise, fall or stay about the same.
      - Taken together, these factors narrow the range of mortgages that you should consider.

Take this scenario: you and your partner both earn good money and expect your salaries to rise. You plan to move in five years and expect interest rates to stay about the same or even fall during that period.

Under these circumstances, you might choose a five-year balloon loan.

A five-year balloon is a good choice because the term matches the length of time you expect to own the house. If you sell after five years, you will have no early redemption penalty. If you decide not to move, you can refinance when the mortgage matures, and possibly pay down the principle while you're at it.

Here's another, quite different, scenario that leads to a different mortgage choice: your income is low and/or fixed. You plan to stay in your home for many years, and expect interest rates to rise.

You will likely choose a traditional 30-year fixed rate mortgage. The 30-year term and fixed rate allow you to lock in affordable monthly principal and interest payments for the long term. You know your installments will be manageable, and you will be chipping away at the principal of the loan and building equity slowly but steadily.

With all the options available, there's bound to be a mortgage that suits you and your situation. Powell suggests you talk to a loan officer at your bank about the choices. Taking the time to learn about the process is worth it, because you'll be a better advocate for yourself.

Checklist to get a loan

Here are some documents that you may be required to provide during the mortgage application process:

Employment information . Names, addresses and telephone numbers of all your employers for the last two years. If you are self-employed, you will probably need all business records and tax returns for the last three years.

W2s . These are the forms you get from your employer every year to file your income tax returns. Usually you need W2s for the two most recent years. Other income information, such as Social Security, pension, interest or dividends, rental income, child support and/or alimony, and self-employment income may also be considered.

Pay stubs . Save your pay stubs and furnish those from the 30-day period before the date of your mortgage application.

Federal income tax returns . If you are self-employed, or more than 25 percent of your income comes from commission, overtime or bonuses, you may need to provide complete copies of federal income tax returns you filed for the two most recent years.

Bank statements . You may need to provide statements from all your accounts (checking, savings, mutual funds, money markets, certificates of deposits, 401(k) or other retirement accounts) for the last two months to verify the exact amount of cash you have available for your down payment and other costs associated with your home purchase.

Current debts . Be prepared to provide the account numbers, current balances and the minimum monthly payments of all credit accounts, such as loans, credit cards, child support and other payments you make each month.

Adjustable rate mortgages (Arms)

With a fixed-rate mortgage, the interest rate stays the same during the life of the loan. With an adjustable rate mortgage (ARM), the interest rate changes periodically, usually in relation to an index, and payments may go up or down accordingly.

Pro

- Lower initial interest rates.

- If interest rates remain steady or decrease, could be less expensive over time.

Con

You assume risk of future rate increases.
If interest rates increase, you'll be faced with higher monthly payments in the future.

  • Before you decide that an ARM is right for you, ask yourself these questions:
      - is my income likely to rise enough to cover higher mortgage payments if interest rates go up?
      - will I be taking on other sizable debts, such as a loan for a car or school tuition, in the near future?
      - how long do I plan to own this home? (If you plan to sell soon, rising interest rates may not pose
        the problem they do if you plan to own the house for a long time.)
      - can my payments increase even if interest rates generally do not increase?

Basic ARM features
The adjustment period: with most Arms, the adjustment period occurs every one, three or five years, resulting in a change in your interest rate and monthly payment.

The index: most lenders tie ARM interest rate changes to changes in an index rate. These indexes go up and down in accordance with interest rates.

The margin: to determine the interest rate on an ARM, lenders add to the index rate a few percentage points called the margin. The amount of the margin can differ from one lender to another, but it is usually constant over the life of the loan.

Adapted from the "Consumer Handbook on Adjustable Rate Mortgages" published by the Federal Reserve Board and the Office of Thrift Supervision.

Is a home equity loan right for you?

It's always a good idea to save for major purchases, but you don't always know that the fridge is on its last legs until the celery wilts and the ice cream turns to goop.

At times like these, a home equity loan is worth its weight in gold — or fridges.

A home equity loan is a loan that is secured by the equity in your home. You may be able to borrow up to 125 percent of what your house is worth at current market prices, less what you owe on your mortgage. It can be a one-time loan at a fixed rate of interest that you take out for a specific purpose. Alternatively, it can be a home equity line of credit (HELOC) with a pre-agreed ceiling and fluctuating interest rate that you can use for many things over a period of years, paying it down between purchases.

The main virtue of home equity loans and home equity lines of credit is that they carry a lower rate of interest than credit cards and unsecured consumer loans . Why? Because using your home equity as security reduces the risk of a loss for the bank. The interest may also be tax deductible.

  • Good uses for home equity loans include:
      - debt consolidation
      - home improvements and landscaping projects
      - new cars
      - tuition fees
      - emergency repairs, purchases and replacements of appliances, roofs, furnaces and the like

Renovations and repairs that will enhance the value of your house are a particularly appropriate use for a home equity line of credit. So is consolidating consumer debts that carry a high interest rate, such as outstanding credit card balances that you find hard to pay. A long-term, fixed-rate home equity loan rate allows you to pay off all your cards in one fell swoop, and leaves you with one predictable monthly payment you can manage — as long as you resist the urge to start charging things again.

It's best to be conservative about how you use a home equity loan. In particular, think twice about buying stocks or starting a new business venture with the money. If the stock price goes through the floor or the business loses money, your home is at risk.

It's also wise to be conservative about how much you borrow against your home. Some lenders may be willing to advance you 90 percent or more of the value of your equity. If house prices in your area fall, so will your home equity and your borrowing limit. Your lender may then call your loan, asking you to pay back any borrowed funds in excess of your new, lower, limit.

Before borrowing, make sure you research the kinds of home equity loans that are available, and ask your lender to explain the details of how they work.

10 reasons to buy a home

Many people — especially singles and young couples who are just starting their careers — have mixed feelings about purchasing a house. They worry about getting tied down and taking on a lot of debt.

Here are 10 compelling reasons why anybody who can afford it should consider buying a home:

  1. House prices tend to rise over time , so a house is one of the best investments you can make. Home prices in the US have risen three percent to six percent a year for the past 20 years. That trend is likely to continue. So if you buy a home now, you've put your capital in a safe investment where it is likely to grow.
  2. You'll pay less tax . You can deduct the interest you pay on your mortgage from your taxable income. The value of this tax break depends on factors like your personal tax bracket, the size of your mortgage, the rate of interest you pay on it and how long you've held the mortgage. As a rule, the newer the mortgage, the greater the amount of interest you pay each month and the bigger the tax break. Therefore, recent buyers with young mortgages tend to get the greatest benefit.
  3. You'll be buying a piece of real property rather than putting money in a landlord's pocket each month. The real cost of renting is higher than the monthly payment. There is also an opportunity cost equal to the amount you would gain by using the money to purchase a home instead. Even if the house you purchased did not appreciate in price, you would be able to sell it and recoup some of the money you put into it.
  4. Interest rates are currently very low . This makes it relatively inexpensive to take out a mortgage. The lower the interest rate, the less you actually pay for your house and the sooner you can pay the mortgage off. Use our calculator to see how different interest rates affect the total cost of your mortgage and the time it takes to retire it.
  5. You'll be able to use the equity in your home for low-cost loans for other purposes . You can access the paid-up equity you accumulate in your home in the form of a home equity loan or a home equity line of credit. Because they are secured, home equity loans and lines of credit generally carry a lower interest rate than other types of consumer loans, such as auto loans. The interest on them is generally tax-deductible, as well.
  6. You'll have the stability and emotional security of owning your own home . No more worrying about dictatorial or negligent landlords, rent increases or the possibility your building will be sold and redeveloped or turned into a condo. You'll be able to live in your house as long as you like, fix your monthly payments for as long as 30 years and you'll be in charge.
  7. You'll be able to redecorate and renovate any way you like , any time you like. Rules about the paint colors you can use will be a thing of the past. And you'll be able to tear out walls, install a powder room and make any other improvements you want. Best of all, if you decide to sell, you'll recoup at least part of the cost of the improvements.
  8. You can have a garden . This is one of the big pluses of ownership -- a little piece of land you can call your own, where you can grow tomatoes or roses, barbecue, and play with your kids and pets.
  9. You'll be able to put down roots in a community . When you're a homeowner, you'll get to know your neighbors, participate in street sales, meet potential baby-sitters and play Saturday-morning touch football in the park. Renters tend to live more insular lives.
  10. You'll have a greater voice in community affairs . Local homeowners generally have more clout -- individually and through ratepayer's associations -- when it comes to development proposals, school issues, changes to traffic control and routing and the like. Because renters tend to be more transient than homeowners, they have less influence on policymakers.

Your rights as a consumer

We have provided the following links to the Department of Housing and Urban Development's (HUD) site to help you understand your rights as a homebuyer.

Fair Housing Laws

http://www.hud.gov/offices/fheo/FHLaws/index.cfm

Homebuyer's Rights

http://www.hud.gov/offices/hsg/sfh/res/sfhrestc.cfm

Borrower's Rights

http://www.hud.gov/offices/hsg/sfh/res/resborwr.cfm

Additional HUD Resources

http://www.hud.gov/index.html

Reverse Mortgages

How can you get cash out of your home? One way is to sell - but then you have
to move. Another way is to take out a home equity loan. But then you'll have to pay it back.

A third option - for those 62 and older, at least - is a reverse mortgage , which requires neither a move nor loan payments. Reverse mortgages are gaining in popularity, but are not well understood. They are like conventional mortgages turned upside-down, and the concept is a little difficult to comprehend, at first.

Both conventional and reverse mortgages create debt against your home. But they're distinct in a couple of important ways. A conventional mortgage is a falling debt/rising equity transaction. A reverse mortgage is based on a rising debt/falling equity model.

With a reverse mortgage, the lender sends you cash and you make no repayments, so your debt increases while your equity shrinks. When a reverse mortgage becomes due and payable, all of your home's value will have been turned into loan advances, loan costs, or left-over equity.

While that notion might seem alarming, remember that's precisely what a reverse mortgage borrower needs - the ability to "spend down" their home equity, while they live in their home, without having to make monthly loan payments.

A reverse mortgage comes due and must be repaid when you die, permanently move out (to live with a family member or to a nursing home, in most cases) or sell. Otherwise, you're free to stay in your home as long as you wish. If you pass on, your heirs can pay the loan back, with interest, and keep your home. Alternatively, they can sell it to a third party and repay the lender out of the proceeds (any excess goes into your estate).

You don't need a minimum income to qualify. You could have no income or even still owe money on a conventional mortgage. In fact, some seniors get reverse mortgages to pay off a first mortgage.

The only eligibility requirements are that you are at least 62 years of age and treat your home as a principal residence. (If you own your property jointly, the other owner(s) must sign on to the loan, too.)

  • How much can you get?
    The amount of cash you can receive from a reverse mortgage generally depends on:
      - the specific reverse mortgage plan or program you select
      - your age
      - your home's appraised value
      - interest rates and closing costs on local home loans
      - other costs of the loan

You can take receipt of the loan in whatever fashion you choose, including a one-time lump sum, a line of credit, fixed monthly payments for a predetermined period of time, or a combination of the above.

Reverse mortgages are offered by banks, mortgage companies, savings associations and state and local governments. The funds from private-sector loans can be used for any purpose. Government loan programs generally limit spending options to specific purposes, such as home repairs or property taxes. Many public-sector loan programs are only available to homeowners with low or moderate incomes.

  • Private reverse mortgages are subject to a variety of costs. They may include:
      - an application fee
      - an origination fee
      - closing costs
      - insurance
      - a monthly servicing fee

Negative Mortgage Amortization

Amortizing part of your interest payment each month can help you weather a short-term financial storm.

It sounds like a mortgage deal too good to be true: your financial institution allows you to reduce your monthly payments to the point where you're actually paying less than the current interest charges due.

It's called a negative mortgage amortization, and if it sounds too good to be true, that's because it is. The money you save on interest now will cost you more later.

Typically, monthly mortgage payments are comprised of interest, which is a charge for the use of the mortgage money borrowed, plus a sum that goes toward the principal and reduces your actual debt. At the beginning of the mortgage term, most of your monthly payment is interest, and a relatively small amount goes toward the principal. Over time, the proportion gradually reverses, and the amount that goes toward your principal increases, while the interest you pay decreases.

A negative mortgage amortization is a type of Adjustable Rate Mortgage (ARM) that allows you to pay less than the full amount of interest due every month for a set period of time, usually a year.

Let's say that your normal monthly mortgage payment is $1,000 and that $600 goes toward interest and $400 goes toward principal.

With a negative mortgage amortization, your monthly payment on the same loan could be $500, which would go entirely toward interest. But you'd still owe $100 in interest plus $400 in principal. The $100 in interest is added to the principal of your loan, and you start paying interest on it, too.

So at the end of the month, you will actually owe more on your house than you did at the beginning of the month, and you will be paying interest on this increased amount until you retire your mortgage.

So your short-term gain - lower monthly mortgage payments - adds up to long-term pain. You end up with more mortgage debt than you had before and greater total interest charges. The longer the period of negative amortization lasts, the more you will owe.

Still, negative mortgage amortization can make sense in certain circumstances. Let's say you have to take a break from work or run into an unexpected expense, but know you'll be on sounder financial footing in the future. A negative mortgage amortization can allow you to put some money toward your mortgage interest and keep your home. Once you're back on your feet, you can arrange to increase your monthly payments to make up for the interest you couldn't pay earlier, and even pay it all off in one shot if you have the money.

The risk is, of course, that your finances won't improve on schedule and you'll eventually be faced with a bigger mortgage you can't afford and a tough decision about selling.

A negative mortgage amortization can also be used to speculate on real estate. You can use one to live in a house inexpensively, while the value increases. You could then sell at a profit and use part of the proceeds to pay off the mortgage. But if the house doesn't appreciate, you are stuck with a great big mortgage.

So think twice about going the negative amortization route. While it can help you cope with a temporary shortage of Funds, it's a risky business.

Why should I check my credit report regularly?

Checking allows you to keep track of your financial progress, and catch credit mistakes and identity theft attempts.

1. To detect identity fraud early

We all know we should check our credit card statements every month for charges that we haven't made. But that only catches the thief who uses an account you know you have. Scan for signs of possible identity theft with your free credit report.

In the past few years, identity theft has risen dramatically. In this insidious form of credit fraud, a thief steals your good credit by taking over or opening accounts in your name, running up large balances and leaving you to deal with the collectors when they come calling.

New accounts opened with your identity will appear on your credit report, revealing identity theft to you. If you don't check your credit report, it could be months before the credit grantor, fed up with nonpayment, turns the account over to a collector who tracks you down and demands payment for a loan you've never even heard of.

As with much less problematic inaccuracies, identity theft is something you can detect and remedy most effectively by checking your credit history thoroughly and on a routine basis.

2. To become an informed consumer of credit services
Your credit report can have a dramatic impact on your financial stability. With good credit, you can obtain benefits of all kinds — a home mortgage or lease on an apartment, an auto loan, low interest credit cards and more — with ease. But if your credit history is poor, many of these financial options may be unavailable to you. Either way, you have a right to know what to expect when a lender runs a credit check on you.

Aside from paying your bills regularly and on time, the single most important thing you can do to ensure that when others heck into your credit they'll find you to be a good risk is to be aware of the contents of your credit report. Check your report for free and approach lenders with confidence.

Studies have shown that many credit reports contain inaccuracies that can harm your credit rating, leading to rejections when you apply for loans, insurance or even a job. Often the result of simple human error, they can be caused by anything from a clerical error to a computer glitch in which your file is mixed with that of someone with a similar name.

That's why it's essential that you check all of your credit reports — and monitor your credit regularly — to protect your good credit standing, even if you always pay all your bills on time.

And if your credit is less than perfect now, checking your report will help you identify lingering problems so you can deal with them effectively and move on toward an improved credit standing. Whatever your situation, reviewing your report regularly is the only way to be sure that you will go into any credit conversations knowing everything lenders will know.

This information is provided in partnership with ConsumerInfo.com, an Experian company.

Rates are Rising - Is it Time for a Fix?

Adjustable Rate Mortgage Loan Interest Rates on the Rise:

On November 15, 2005, one-year adjustable rate mortgage loans rose from the previous week's 5.12 percent to 5.20. Just one year ago, one-year Arms averaged 4.17 percent. That's a big leap, and makes the difference between the 30-year fixed rate mortgage loan and the one-year ARM the narrowest it's been since November of 2001. *

If you currently have an adjustable rate mortgage loan, you know the interest rate changes from year to year and it reflects the current interest rate environment. If interest rates go down, your rate drops, too... and if they go up, so does the adjustable rate on your mortgage. 

According to Bear Stearns, a leading global investment banking, securities and trading and brokerage firm, rates will reset over the next 12 months on about $185 billion in adjustable-rate mortgage loans, and about $141 billion the year after that. 

When Arms adjust, the rate usually moves to match the prevailing market rate, though generally there are limits on how high rates can rise. 

So if the trend seems to be a rising-rate environment, what can you do? Consider a mortgage refinance loan, and lock in a 30-year fixed rate mortgage loan. But if you'd like to keep your payments low, you need to hurry, because while still low by historical standards, the average 30-year fixed rate mortgage loan is at about 6.28 percent, its highest level in more than two years. *

How much will your monthly payment be if you refinance your mortgage now? Visit our simple loan calculator, where you'll find a handy calculator. 

Credit Card Rates Going Up, and New Banking Guidelines Will Make Your Minimum Monthly Payments Higher: 

Mortgage loans aren't the only financial products affected by rising interest rates. Credit card users are about to get hit with a double-punch; higher rates, and a bigger minimum monthly payment. 

New banking guidelines could actually double the amount of your minimum monthly payment. In 2003, the Federal Office of the Comptroller of the Currency, which regulates national banks, instructed banks that issue credit cards to increase minimum monthly payments by at least 1%, which will go directly toward paying down a credit card's principal. 

While this might be good for consumers in the long run by saving them a lot of money in interest, in the short term, coming up with a larger, minimum monthly payment could wreak havoc with a family's budget. 

If you owe a significant amount of money in credit card debt, you might consider paying off those cards with a home equity loan or line of credit.. Even with rates going up, a HELOC interest rate is still lower than the rate on most credit cards, and the interest you pay may be tax deductible (consult your tax advisor). Or, if you want something a little less risky, a home equity loan, with its fixed interest rate, might be just the ticket.  

A home equity loan, or a home equity line of credit - whatever you decide, be careful. If you tie the debt to your house, be sure to make your payments, or you risk losing your home. 

* SOURCE: Freddie Mac, November 28, 2005.

8 Critical Questions To Ask When Choosing A Lender

Rates, lenders and conditions are not always what they seem. Ask some important questions before you choose a loan.

1. What is my APR?

The annual percentage rate (APR) reflects the effective cost of your loan on a yearly basis taking into account such items as interest, mortgage insurance, most closing costs, points and loan origination fees. Because of these other costs, this number is often higher than a quoted rate. Always ask a lender to calculate the APR in order to understand the “true cost” of your loan. If the lender will not or does not openly disclose the APR, chances are they are hiding some costs that will show up at closing. 

2. Who will service my loan?

Often the company initially quoting you rates on a home loan is only a broker or middleman who represents – or will sell your loan to – other banks or lenders who actually “service” the loan throughout its term. In fact, your loan may be sold to other lenders more than once, leaving you with the uncertainty of who to make monthly payments to, where to send correspondence, new account numbers and knowing whether or not payments have been correctly applied to your loan.

3. What are your approval rates?

Nobody likes rejection, especially when you're working hard to find financial solutions. While many of the larger banks may not even offer non-prime loans (for borrowers with less-than-perfect credit), the approval rate for this category of loan is typically lower than for other types of loans. 

4. How big is the institution behind my loan?

Many companies jump into the home loan market when rates are low and loan applications are plentiful, only to disappear and “sell” their loan portfolios when the opportunities tighten up. At any given time there are several newcomers making lots of “noise” about getting you a great loan. For a lender to stay in business for the long run, however, takes expertise, experience and resources.

5. What is my rate lock?

Be careful! When a loan broker quotes you a low interest rate on a 15 or 30 year fixed rate loan, be sure to ask whether that rate is locked for the entire time it takes to close the loan. Often, the rate you are quoted is at a lower, 10- or even 30-day rate – much shorter than the time typically necessary to actually complete all documents, process and close your loan. This can result in a higher rate at closing than what you were quoted originally – a potentially costly difference. Be aware that If interest rates rise and the lock has expired, you'll receive the prevailing rate.

6. What are my loan options?

It's difficult to take control of your financial situation without any choices. Unfortunately, many lenders who offer a home loan program for borrowers with less-than-perfect credit offer just that – a single home loan program. Take it or leave it.

7. How long will it take to approve my loan?

There are few things more stressful than waiting to know if you've been approved for a loan that can change the course of your financial future.

In most cases, once we've received your completed application you will be notified within 24 hours whether or not you have been approved for a home loan. 

8. Are you specialists in servicing less-than-perfect credit loans?

With many lenders, your past is an important part of whether or not you qualify for a new home loan. That's because most lenders aren't specialists in finding solutions for homeowners with less-than-perfect credit histories.

Making the Most of Your Mortgage

Maximize the financial potential of your home loan through education, planning, and creative thinking. Many homeowners aren't aware that there are simple steps they can take to dramatically improve their situation.. Take a look:

13 Months in a Year:  Make an extra mortgage payment each year to pay off your loan faster and you could save thousands of dollars in interest. The entire amount of your 13 th payment is applied directly toward your principal. For example, on a $100,000 30-year fixed- rate loan at 8%, you would save $45,000 in interest payments and shave more than seven years off your loan term!

Paying 30% More:  If you pay an additional 30% toward your mortgage each month, you can make a serious dent in your loan principal. The additional amount is applied to the principal. On a $100,000 30-year loan at 8% a borrower could actually cut their mortgage term in half and reap over $91,000 in interest savings!

Points vs. Lower Interest Rate: When selecting a new mortgage, you usually have the option of paying additional Points -- a portion of the interest that you pay at closing -- in exchange for a lower interest rate. If you plan to stay in your home longer than five years, it's usually a better deal to pay the Points. The lower interest rate could save you more in the long run.

Find a loan now

Reducing Debt with a New Home Loan

If you're committed to reducing the interest paid on your personal debt this year you could benefit substantially from cash-out refinancing or a new Home Equity loan. Most credit cards and department store accounts charge an annual percentage rate (APR) well over 10% -- the national average is almost 14%*. With mortgage rates still relatively low, however, you could consolidate your high-interest debt into a new home loan, perhaps at a much lower rate.

*Source: Bankrate.com as of July 5, 2005.

Example:  Let's say a homeowner is swimming in debt with a current monthly mortgage payment of $1132 on a $152,000 loan, and a whopping $900/month owed on their credit cards. This debt could be consolidated with a new $190,000 home loan and the surplus cash used to pay off $30,000 worth of credit card debt. Although the monthly mortgage payment would increase slightly to $1361, the total aggregated monthly payment expense would be reduced by $670! 

This Payment Reduction example assumes paying off an existing 30-year fixed mortgage of $152,000 at 7.95% (P&I only), and credit cards totaling $30,000 with an average APR of 13.40% (current National average as of 07/06/05, Bankrate.com) making minimum monthly payments of 3% of the outstanding balance. The new refinance loan assumes a final loan amount including payoffs and loan fees of $190,000 with a 3 year fixed adjustable rate mortgage (3/27) 3 year pre-pay, 2 points at 7.75%, 8.87% APR (P&I only). Loan fees vary by state and loan-to-value of 70.00%, owner occupied, single family residence, pre-payment penalty allowed where state laws permit. This is merely an example and does not constitute a commitment to lend.

Financial Facts and Figures

Navigating the wide variety of refinancing options can be a confusing and sometimes frustrating process. If your chief concern is improving your monthly cash flow with lower debt payments, consider the length of the time you plan to remain in your home.

Example: A homeowner wants to refinance a $200,000 loan balance and can choose between a fixed-rate mortgage (FRM) with a 30- or 15-year term, or a 5/1 adjustable-rate mortgage (5/1 Interest Only ARM).

$1,231/month  With a 30-year FRM at 6.25% (6.287% APR, 0 points and $2,490 in estimated closing costs), the homeowner's monthly mortgage payments would be $1,231. Over the life of their loan, they would pay over $250,000 in interest for the life of the loan.

$1,688/month  A 15-year FRM at 6.00% (6.06% APR, 0 points and $2,490 in estimated closing costs) would increase the monthly payments to $1,688/month, but the interest paid over the term of the loan would be about $158,000 less .

$979/month for the first 5 years.**  A 5/1 Interest Only ARM at 5.875% (6.305% APR, 1.75 points and $3,500 in estimated closing costs) would decrease the monthly payment to $979/month for the first 5 years.

So to review, in making your decision to refinance, a good first question you could ask yourself is “how much can I afford to pay on a month to month basis?” The second question could be, “how much longer will I stay in the house?” Many homeowners anticipating staying in their homes for 14 years or more, often lock in a longer term fixed rate. Homeowners planning to move within 5 years or anticipating family growth or change in income have often preferred a 5/1 ARM, where they can fix a rate for 5 years and then it adjusts every year after that. These are just a couple of examples of many solutions. Be sure to consult your home loan advisor to determine what's right for your personal situation.

**Total monthly payment does not include tax or insurance fees that are not collected in a Countrywide escrow account. Estimated payments are set for the fixed period only. Interest rates are examples of rates effective as of 7/12/2005, such rates are subject to increase without notice, and are for informational purposes only. This is not a commitment to lend . ARM rates are subject to increase after the five year fixed period of the 30-year Hybrid ARM loan. The loan is then fully amortized over the remaining term as an adjustable-rate mortgage that adjusts every six months or once a year, depending on the program chosen by the borrower at time of closing. Any rate increases will make monthly payments higher after the five year fixed period. Payment example assumes 1.75 discount points are paid. At the time an application is approved, the interest rate is locked in for the sooner of 60 days or the date of the loan closing and remains locked until the first adjustment period. Rates are subject to change. Until a borrower obtains a rate lock, any market rate increases may lower the borrower's approved loan amount.

Does the 2% Rule Still Rule?

Long ago, back in the days of rotary telephones, record players and CB radios, it was common to hear financially savvy people say that you shouldn't refinance a home mortgage unless the interest rate of the new mortgage was at least a 2 percent lower than the existing rate. “It just doesn't make economic sense,” they'd say. But like 8-track tapes, those days may very well be gone.

Today the so-called 2-percent “rule” is simply a guideline to help you figure out how soon you could recover any expenses incurred with a new loan with the money you save due to your new, lower monthly loan payments. In fact, the larger the percentage gap between your present interest rate and a new interest rate the quicker you could make up any standard refinancing charges such as the loan origination fee (points), appraisal, title insurance and others,

You can do two things to analyze your situation. First, add up the fees, divide that amount by the amount of money your new lower monthly payment will save you each month. That figure is how many months it will take to recover any costs incurred by refinancing

Here's the formula:

Refinance Costs ÷ Monthly Savings = 
MONTHS BEFORE BREAKING EVEN.

Second, have your loan consultant compare the total interest due over the course of your current loan against the total that would be due under the proposed loan as the total number of monthly payments and the total amount paid can increase with a new loan.

*Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when compared to your current situation

How Cash Out Refinancing Can Pay Off In A Big Way

Home owners with high balances on multiple credit cards can often pay off those credit cards and other debts by refinancing their existing home loan.

Let's look at how refinancing can pay off debt, and help you save on monthly mortgage and credit card payments,

If a homeowner with the financial scenario above consolidated his/her higher interest, debt using the equity from their home, they could take out from their home, then that that homeowner would have an overall mortgage payment each month of only $1,361, with total monthly savings of $670.75!

Note:

The above scenario is based on the following loan terms: a 3 year fixed adjustable (3/27) 3 year prepay, 2 points 7.75% Interest with an 8.87% APR for a total monthly payment of $1,361.18. Does not include tax and insurance. Credit card payment assumes 3% of balance.
.

Anxiety-free home buying

Break a complicated task into smaller steps and it becomes much easier to handle.

Buying your first home is a thrilling experience, but you may also feel a little overwhelmed, too, when you consider everything there is to learn and do - not to mention the expense of the mortgage you'll be taking on.

For starters, you've got to understand all of the ins and outs of the local housing market. That means learning about home construction and maintenance as well as price trends in the neighborhood you've got your eye on.

Then there is the financial side of things. You'll need to get a good handle on your own finances and find out how interest rate movements and different mortgage features affect what you can afford to spend.

You can't afford to make ill-informed decisions, because you are going to borrow a very large sum of money that will probably take you many years to pay off.

If that weren't enough, you've got to find a real estate agent you are comfortable working with.

Luckily, buying a home - like many complicated tasks - becomes much easier when you take it one step at a time.

SimpleLoanQuote can help you do just that. We've broken the process down into the following steps:

  1. Check your credit rating.
  2. Do a budget.
  3. Get pre-approved for a mortgage.
  4. Find a real estate agent to help you.
  5. Determine what you need in a home and shop until you find it.
  6. Find the right mortgage for you.
  7. Make an offer and negotiate a purchase price for your home.
  8. Get a home inspection and appraisal.
  9. Arrange insurance.
  10. Close the deal.
  11. Move into your home.

Follow these steps that will help you stay on track - all the way home.

Discount Points

Discount points are paid up front to obtain a lower interest rate on your mortgage. The more points you pay, the lower the rate you obtain. Typically, one point equals one percent of the loan amount, and will lower the interest rate by .25 percent.

PRO:

Paying points may be advantageous if you intend to hold the property for a long time.

CON:

If you intend to hold the mortgage for a short period of time, the cost you pay up front may exceed the benefit you'll receive from a lower rate.

To get an idea of whether or not it is worth it to pay points, divide the amount paid in points by the amount saved by having lower monthly payments.

For example: If you are borrowing $100,000, you can pay no points at 7% interest for 30 years, which is roughly $665 per month. Or you can pay 2 points for a 6.5% interest rate, which is roughly $632 per month. Your savings per month would be $33 ($665-$632).

The amount you pay for two points would be about $2,000 (one point is one percent of 100,000 or $1,000). Following the formula:

$2,000 (amount paid for points) / $33 (savings per month) = 60.6 months .

Under this scenario, you would need to keep the home 60.6 months in order for paying points to be worth the cost. If you don't plan on keeping the home at least that long, then paying points is probably not a good option for you.

CALL MYBLACKJACKET.COM TODAY!
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(949) 481-9026


RELATED TO Orange County Home Loan and Business Services is for those buying a new home, refinancing, getting a home improvement loan, getting a line of equity, business owners, executives, business professionals, or seniors wishing to get some help with their new or existing home. Please note this disclaimer: these below companies are not part of Myblackjacket.com or its affiliates unless stated and Myblackjacket.com is in no way in control or responsible of any outcomes or transactions with the individuals or companies listed below. If you wish to write a review for any of the companies or individuals below we will do our best post them for others to see. Thanks so much and enjoy.

   
 
 
   

Loans, Financial Planning, Estate Planning and Banks:

MYBLACKJACKET.com
Designer Home Loans
in Orange County
(949)
481-9026
- Best Selection of Home Loans in Orange County. Getting the right loan to fit your life style, is very similar to buying the right home to fit your life style. MyBlackJacket.com is a common sense approach company to finding a loan that fits your life style Its about the the fit and an adventure in education. Similar to various simple colors and decor pieces can change an outlook of an entire room, simple changes in financial structure and methods of payment can substancially change your financial outlook. Similar to a home designer, MYBLACKJACKET.com is a financial service company that shows you how you can get your mortgage working for you and not you working for your mortgage.
We specialize in the complex loans for people that have their own businesses and executives. And there is much more... Call us today!
MYBLACKJACKET.COM - Your Guide to Financial Freedom


IRONSTONEBANK.com
26980 Crown Valley Pkwy
Mission Viejo, CA 92691

Merchant Services, Checking Accounts, Financing, Business and Treasury Services, Credit Cards, Savings, CD's, IRA's

Contact William Finster,
(949)
542-1222
- Personal banking is more than checking, savings and the occasional loan. It's really about making the most of your money at every stage of your life. We can help with all the banking services and products you'll ever need.

- Business banking: We have some the best merchant services in Orange County. As your business changes, so do your needs for banking. That's why we have relationship bankers who work with you to find precisely the products and services you'll need to make your business everything you want it to be.


Brown & Streza LLP
ESTATE TAX PLANNING
8105 Irvine Center Drive, Suite 700, Irvine, CA 92618

(949)453-2900

- The Law Firm of Brown & Streza is committed to the highest standards in the practice of estate taxation and business tax law and is dedicated to assisting its clients in making informed decisions in these areas. The firm has long been recognized by other professionals, such as bank trust departments, national stock brokerage firms, CPA's and life insurance companies, as expert in its field. This has manifested itself in Brown & Streza receiving the bulk of its referral clientele from those very institutions.

- The Law Offices of Brown & Streza are designed to offer the highest level of professional assistance to both the financial services community and to business and professional people. We have exercised great care in developing a highly skilled team of attorneys, paralegals, and support staff to adequately meet the requirements of this complex category of clientele.

Handy Man, Contractor, Architect, Landscaper, Electrician, HVAC, Plumber, Roofer, Windows & Doors and More.

C J VER BURG LANDSCAPE
Lic. C-27HIC-484997
(949) 459-2001


- C J VER BURG IS A FULL SERVICE LANDSCAPE CONSTRUCTION COMPANY IN BUSINESS SINCE 1981. WE HAVE DESIGNED AND BUILT SOME THE MOST SOPHISTICATED AND BEAUTIFUL PATIOS AND GARDENS IN NEWPORT BEACH, COTO DE CAZA, LAGUNA BEACH AND OTHER AREAS OF ORANGE COUNTY CALIFORNIA. WE TEAM WITH SELECTED SWIMMING POOL, REMODELING AND OTHER CONTRACTORS, CIVIL AND STRUCTURAL ENGINEERS, LANDSCAPE ARCHITECTS AND DESIGNERS, INTERIOR DESIGN, AND OTHER PROFESSIONALS TO CREATE A COMPREHENSIVE PLAN FOR ANY TYPE OF PROJECT.

- 24 Sunnydale Lane Las Flores, California 92688


Handyman Services
949-510-9226
Roy McQuoid
Handyman At Your Service

Providing the kind of personal service you would expect from a tradesman, serving your needs to fix those pesky issues found in every home. Don't be irritated about the honey do list, call Roy to get them done.


Handyman & Home Improvement Services
949-933-0178
Owen Williams
Handyman Lic# 878985 + Insured

Crown molding, a door fixed, a new deck, or a kitchen or bathroom worked on. We provide home improvement services from the smallest item to the larger ones. We return you calls and show up when we say we will. Call upon us Today!


JS Electric
JIM SMITH
949-454-2378
Cell 714-469-2110
LIC# 652382

One of the best electricians in Orange County. We do Residential, Commercial, Custom Homes, New & Remodel, Service Upgrades, Diagnostic Testing.

We are your electrical company for comprehensive electrical services.


AIR-TECH HVAC
Heating, Air Conditioning and Refrigeration
John Hopton
949-454-6911
23011 Moulton Parkway, B-6,
Laguna Hills, CA 92653

LIC# 759257

Your Heating, Air Conditioning and Refrigeration specialist for Residential, Commercial, Custom Homes, New & Remodel, Service Upgrades, Diagnostic Testing. No job is too small.

We are your HVAC company for comprehensive services.


Docken Exterminating Company
Kris Docken K.M.
714-754-4001
714-624-1665
KMDExterminating@aol.com

Nothing could be worse than little creatures all over the home and yard, call this family owned business that is licensed, bonded and insured for service that is a cut above the big national companies.


 

Kimbrell Insurance Agency - Jon B. Kimbrell
714-538-8723
Ext 10
2
- "We specialize in helping the busy business owner, executive and professional with their insurance needs. Many of our clients have started as a home based business to become multi-million dollar enterprises and we have been with them from the beginning. We own our business too, so we know what it takes to be properly insured and protected. Call today, and count on a long term relationship because that's why we are in business, to insure a long term relationship."

- 950 E. Katella Avenue, Suite 4, Orange, CA 92867


Clayton Financial and Tax
- Russel C. Fox
714-225-7877

- "We specialize in helping the busy business owner, executive and professional or individual with tax preparation and negotiating with the IRS.

We Speak Tax, Enrolled Agent

- P.O. Box 15744, Irvine, CA 92623


Maruca Financial & Insurance Services
- Michael Maruca
949-858-5141
32022 Via Oso, Trabucco Canyon, CA 92679

- "We've Got You Covered!" As an independent insurance firm, we have access to the top-rated companies. Our ability to shop the marketplace for the best plan for your needs saves you money. We find the insurance plan that is the right fit for you. Enjoy the peace of mind in knowing that you are truyly covered.

Insurance: Life, Medical, Disability Income, Long Term Care.

Business Insurance: Group Medical Plans, Group Disability Income, Group Long Term Care, Buy/Sell, Key Person

Retirement Plans and Investments: IRA's - Traditional and Roth, SEP IRA, Simple Plan,401(K), Qualified Pension Plans, Fixed Annuities, Variable Annuities, Index Annuities, Mutual Funds, Rollovers.

Get What's RIGHT for you!

Home Inspections, Appraisers, Title Companies, Escrow, Realtor

Orange Coast Title & Escrow
(714) 558-2836
640 N. Tustin Avenue, Suite 211
Santa Ana, CA 92705
Title Insurance & Escrow Services
-
Top to Bottom our philosophy is to do what we can to Close Your Deal. Orange Coast Title is among the largest independently owned underwritten title companies in the United States, with approximately 1500 employees in 105 offices in California, Utah, Arizona, Colorado, Nevada and Texas. Orange Coast Title's Family of Companies includes California Title Company and Advantage Title Inc. throughout Southern California, Equity Title Insurance Agency, LLC in Utah, Equity Title Agency in Arizona, Equity Title of Colorado in Colorado, First Centennial Title Company in Reno and Equity Title of Nevada in the Las Vegas area. Orange Coast Title Company and First Centennial Title Company of Texas also expanded in to Texas in early 2005. We continue to maintain our Commitment to Service since 1974!.


United Title Land America

ESCROW COMPANY
Lisa Day
Vice President
Escrow Operations Manager
949.724-3838

1301 Dove Street, Suite 300, Newport Beach, CA. 92660
EMAIL: lday@unitedtitle.com

- As an underwritten title company, United Title has expanded from its entrepreneurial origins to a professionally managed company, headquartered in downtown Los Angeles, operating approximately 25 regional offices throughout California. United Title does business in the Southern California counties of Los Angeles, Orange, Riverside, San Bernardino, Kern, San Diego, Ventura and Santa Barbara. United Title Company maintains the entrepreneurial spirit and tenacity that typified its initial growth. Our strong reputation was built by providing uncompromising service to our customer base, cemented with a spirit of excellence.

LandAmerica – A Fortune 2007 Most Admired Company -
#1 in Mortgage Services








First Amercian Title

Whether you are purchasing your first home, trading up, refinancing, or you are a seasoned real estate professional, you have the right to choose the title insurance company you want to do business with. Choose the trusted leader who has been helping individuals and families fulfill the dream of homeownership for over a century, First American Title, the right choice.

Established more than 100 years ago, First American is a leader in the real estate and mortgage settlement services industry. We're the only company to offer comprehensive, reduced-cost and guaranteed-price settlement services for qualified home buyers and sellers.

Appraisal Services
Kirsten Germaine Southern California Appraisal Group
949-521-0252 kgappraiser@yahoo.com

We are a certified appraiser for residential properties up to 4 units in the Greater Orange County and surrounding areas. We are approved appraisers with most of the major lenders across the country. In today's real estate market, a good appraisal by a qualified appraiser is a must.


RJC Inspections
Robert J. Cohen
"Call Us First To Avoid The Worst...."
19 Bushwood Circle
Ladera Ranch, CA 92694
949-300-5800
rjcinspections@aol.com

Before you buy you need to know what you are buying that you cannot see, Robert Cohen is an experienced inspector and specializes in Orange County Properties.


JLC Mold Inspections
Jack Clausen
"We Bring the Lab To You."
94 Frontier St.
Trabuco Canyon, CA 92679
949-589-8909
Cell 949-702-4221
jack@jlcinspections.com

Home inspections, mold testing, canine inspections, toxic mold testing, and thermal imaging.

Jack is one of the few building inspectors in the Nation that holds the prestigious mold certification of a Council Certified Microbial Consultant ( CMC ). This prestigious certification is held by less than 400 mold inspectors Nationwide, requiring a minimum of 8 years of field experience and training. A CMC is the person all other mold inspectors come to when they experience something new and need advice. Jack also sits on the advisory board for the American Indoor Air Quality Council assisting in the approval process of all A.I.A.Q.C. mold inspectors across the nation.

As a mold inspector, Jack separates himself from the typical inspector by also utilizing the unique sense of smell from trained and Certified Mold Detection Dogs. These dogs are unique in that they have been trained much like a bomb, drug, or arson dog to locate the source, in this case Mold!

Realtor Orange County -
Chuck Pillsbury
DMB Realty
25652 Crown Valley Parkway
Ladera Ranch, CA 92694

949-280-8346 Cell Phone
Email: cpillsbury@dmbinc.com

Chuck has over 25 years of experience in the Orange County Marketplace. He specializes in representing buyers of property from Fullerton to San Clemente. DMB Realty is the owner of Ladera Ranch Realty one of the fastest growing communities in South Orange County.

Legal Document Service
LegalZoom.com
(800) 773-0888
Save time and money on common legal matters! Created by top attorneys, LegalZoom helps you create reliable legal documents from your home or office. Simply answer a few questions online and your documents will be prepared within 48 hours.* We even review your answers and guarantee your satisfaction. Documents for Wills, Trust Agreements, Partnership Agreements, DBA's, Incorporation, LLC's, Limited Partnerships, Non-Profit Corporations, Power of Attorney, Real Estate Leases, Trademarks, Copyrights.

 

Home Decorating, Home Organizing, Interior Decor, Interior Painting, House Cleaning, Carpet Cleaning

Interior Decorating & Staging Specialist for Residential & Commercial Offices
Linda J. Pillsbury 949-855-4838
Staging First Impressions

Full Service Interior Design for Residential and Small Businesses: We are pleased to work with architects and homeowners offering a full range of design services to create personalized design reflective of our clients lifestyle and tastes. Furthermore, many of our customers and their friends have been so pleased with our work that they have used us to do their full service interior design.

Linda and her staff take your home or office and turn it into a look of a model home or office based on your personality and goal of what you want to feel and see when you walk in the front door. Take a look at the web site for actual results. Why not have the inside reflect your dreams and desires, Linda is there to make it happen.

- Staging First Impressions PO BOX 602 Lake Forest, CA 92630


Conquering the Clutter
Nipomo Organizing Solutions

Judy Flores 949-916-8027

The Organizing Professionals. Taking chaos into a wonderful manageable system.

Judy and her staff take your home or office and do an incredible job organizing how things should go and function. What a feeling when you walk into your office or home it is manageable and clutter free!


Interior Painting, finishing and Artwork - De Cicco Finishing Studio